@inbook{10.7758/9781610440677.12,
 ISBN = {9780871541000},
 URL = {http://www.jstor.org/stable/10.7758/9781610440677.12},
 abstract = {In the preceding chapters, we have examined the effect of labor-market institutions on labor-market performance. The context has been the contrast between the excellent record of the United States on employment, especially in the 1990s, on the one hand, and the stagnating real wages and sharply rising wage inequality there in comparison to the situation in other Western nations, on the other. We have posed as a possible explanation of these trends the interaction between America’s noninterventionist labor-market institutions and the macroeconomic shocks relating to productivity trends, globalization, technological change, and monetary policy that all Western nations have experienced since},
 bookauthor = {Francine D. Blau and Lawrence M. Kahn},
 booktitle = {At Home and Abroad: U.S. Labor Market Performance in International Perspective},
 pages = {255--266},
 publisher = {Russell Sage Foundation},
 title = {Policy Implications and Future Research Directions},
 year = {2002}
}